Equities analysts predict that Pra Group Inc (NASDAQ:PRAA) will post earnings of $0.50 per share for the current quarter, according to Zacks. Four analysts have made estimates for Pra Group’s earnings. The highest EPS estimate is $0.55 and the lowest is $0.43. Pra Group reported earnings of $0.33 per share in the same quarter last year, which indicates a positive year over year growth rate of 51.5%. The business is expected to announce its next quarterly earnings report on Thursday, February 27th.

On average, analysts expect that Pra Group will report full year earnings of $1.80 per share for the current financial year, with EPS estimates ranging from $1.72 to $1.85. For the next fiscal year, analysts anticipate that the business will post earnings of $2.47 per share, with EPS estimates ranging from $2.17 to $2.89. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow Pra Group.

Pra Group (NASDAQ:PRAA) last announced its quarterly earnings data on Thursday, November 7th. The business services provider reported $0.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.09. Pra Group had a net margin of 7.49% and a return on equity of 6.49%. The business had revenue of $250.01 million for the quarter, compared to analyst estimates of $256.18 million. During the same period in the prior year, the firm posted $0.22 EPS. The company’s revenue was up 10.7% on a year-over-year basis.

A number of analysts recently weighed in on the stock. Buckingham Research upped their target price on shares of Pra Group from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, August 9th. ValuEngine cut shares of Pra Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, BidaskClub lowered shares of Pra Group from a “buy” rating to a “hold” rating in a report on Wednesday.

PRAA traded down $0.04 during trading hours on Monday, hitting $36.27. 157,500 shares of the stock were exchanged, compared to its average volume of 252,186. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 25.19, a price-to-earnings-growth ratio of 0.55 and a beta of 1.56. Pra Group has a 12 month low of $22.62 and a 12 month high of $37.32. The stock has a 50-day simple moving average of $34.49 and a 200-day simple moving average of $31.62.

In related news, EVP Christopher B. Graves sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $35.06, for a total transaction of $87,650.00. Following the completion of the transaction, the executive vice president now directly owns 74,180 shares in the company, valued at approximately $2,600,750.80. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.68% of the stock is currently owned by insiders.

Hedge funds have recently modified their holdings of the stock. Salomon & Ludwin LLC raised its stake in shares of Pra Group by 8.1% in the third quarter. Salomon & Ludwin LLC now owns 38,212 shares of the business services provider’s stock worth $1,291,000 after purchasing an additional 2,870 shares during the last quarter. Seven Post Investment Office LP acquired a new position in Pra Group during the 3rd quarter worth $287,000. BBVA USA Bancshares Inc. acquired a new position in shares of Pra Group during the 3rd quarter worth about $879,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of Pra Group by 14.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,050,297 shares of the business services provider’s stock valued at $35,490,000 after purchasing an additional 128,696 shares during the last quarter. Finally, GW&K Investment Management LLC raised its stake in shares of Pra Group by 8.3% during the 3rd quarter. GW&K Investment Management LLC now owns 563,212 shares of the business services provider’s stock worth $19,031,000 after buying an additional 43,202 shares in the last quarter.

About Pra Group

PRA Group, Inc, a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas and Europe. It is involved in the acquisition of accounts that are primarily the unpaid obligations of individuals owed to credit grantors, which include banks and other types of consumer, retail, and auto finance companies.

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